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Sentiment Analysis
    in Pharma

Sally Church, Ph.D
Understanding about how people feel about
   their treatment and disease is critical
• PR tools give a big picture from media hits, but are less
  useful for more granular analysis.
• Current buzz metric tools are useful for relative market
  share of noise, but not for deep analysis.
• Traditional qualitative market research has limitations in
  human analysis.
• Quantitative analysis for market segmentation is
  expensive and usually based on physician rather than
  patient sentiments.
• Rise of science, patient bloggers and social media as an
  important mediums for evaluating sentiments means we
  need new and better tools.
What is the basis of our approach?

• The underlying philosophy of the Leximancer
  system is that meaning must be emergent from
  text and therefore not biased by external pre-
  definition.
• This has resulted in a methodology involving
  identification of a Thesaurus of supporting
  defining terms being 'bootstrapped' to an original
  emergent seed-word, to form a Concept entity.
• It is a fully-automated discovery process using
  the original text corpus.
Analysis can be from private recorded
interviews or public information on internet
Control panels allow a deeper analytical
framework to be applied by our analysts
Using a Thesaurus of words, +ve or -ve
    associations can be established
The tool groups together word associations
          to build a Concept Map
You can also drill down to specifics to look at
        associations more carefully


                                    Unfavourable
                                    theme
                                    showing
                                    symptoms
                                    and side
                                    effects
We are now working with Pharma clients
    using the tool in a number of different ways

Market Research:
•    Qualitative interviews
•    Segmentation
                              Sentiments can be:
•    Unmet medical needs      • Therapies
                              • Diseases
PR and Advocacy:              • Companies
• Media Monitoring            • Physicians or Patients
• Issues Management
• Social Media Outreach
sally@icarusconsultants.com

    Icarus Consultants, Inc
       O: 201 204 9210
       T: 201 780 2778

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Using Sentiment Analysis in Pharma and Biotech

  • 1. Sentiment Analysis in Pharma Sally Church, Ph.D
  • 2. Understanding about how people feel about their treatment and disease is critical • PR tools give a big picture from media hits, but are less useful for more granular analysis. • Current buzz metric tools are useful for relative market share of noise, but not for deep analysis. • Traditional qualitative market research has limitations in human analysis. • Quantitative analysis for market segmentation is expensive and usually based on physician rather than patient sentiments. • Rise of science, patient bloggers and social media as an important mediums for evaluating sentiments means we need new and better tools.
  • 3. What is the basis of our approach? • The underlying philosophy of the Leximancer system is that meaning must be emergent from text and therefore not biased by external pre- definition. • This has resulted in a methodology involving identification of a Thesaurus of supporting defining terms being 'bootstrapped' to an original emergent seed-word, to form a Concept entity. • It is a fully-automated discovery process using the original text corpus.
  • 4. Analysis can be from private recorded interviews or public information on internet
  • 5. Control panels allow a deeper analytical framework to be applied by our analysts
  • 6. Using a Thesaurus of words, +ve or -ve associations can be established
  • 7. The tool groups together word associations to build a Concept Map
  • 8. You can also drill down to specifics to look at associations more carefully Unfavourable theme showing symptoms and side effects
  • 9. We are now working with Pharma clients using the tool in a number of different ways Market Research: • Qualitative interviews • Segmentation Sentiments can be: • Unmet medical needs • Therapies • Diseases PR and Advocacy: • Companies • Media Monitoring • Physicians or Patients • Issues Management • Social Media Outreach
  • 10. sally@icarusconsultants.com Icarus Consultants, Inc O: 201 204 9210 T: 201 780 2778